Mean Bean, My 262 buying adventure

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liquid
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Re: Mean Bean, My 262 buying adventure

Post by liquid »

Me too.

I do appreciate a good boat story though and the joy comes through.
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Re: Mean Bean, My 262 buying adventure

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Big Block Power wrote: Tue Jan 22, 2019 12:43 pm Agreed I wouldn't go over the tower for your everyday mooring cover. Did it come with any covers? If it's a storage cover then I'm good going over the top. Then I might just shrink wrap it every year. I guess what is the main purpose of the cover and covers. I love having a bow and cockpit cover and a mooring cover. Just saying. Well it be on a lift or sitting in the water will it get pulled out every time. Will it sit outside. Of my the choices at get to have who would have thought.
I ended up having to go with the OEM cover from Westland. The guy who was going to do the custom cover forgot to tell me how backed up he was. When i called to place the order, he said it would be ready until mid June! The boat came with a cover, but not one I trust to bring her home with, so I bite the bullet and bought the OEM. The next one will be custom!
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Re: Mean Bean, My 262 buying adventure

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Did you straighten out the questions raised about the marine survey findings vs the Indy shop telling you nothing was wrong? A $10K estimate is nothing to ignore. Especially if you are really going out on Erie.
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Re: Mean Bean, My 262 buying adventure

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Cobalt272! wrote: Thu Jan 24, 2019 11:08 am Hey Samuri33 - Boat looks great! How did your F150 do hauling the 262? I ask as I just closed on an 05 272 (same hull) and will be towing with my 2008 F150 w/ 5.4L. I'm a bit concerned the truck will struggle....
Sorry for the delay in responding! The Ford did great pulling my 262. We were at about 7500 lbs. The truck had plenty of power (5.4L) to pull the boat and the suspension and brakes handled everything just fine. My only concern was that the factory Reese hitch is rated for 500 lbs without a load distribution hitch and 1000 lbs with a load distribution hitch. My trailer tongue weight is around 750 lbs, so I overloaded the hitch a bit, but everything worked out just fine. I pulled the boat at 65 mph and except for hills, the transmission rarely came out of overdrive. I first tried towing with OD shut off, but having OD on did matter, the transmission stayed in the same gear most of the time.
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Re: Mean Bean, My 262 buying adventure

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Whippled263 wrote: Thu Jan 24, 2019 2:12 pm I'm a bit confused. So your hired mechanic and surveyor found some major things wrong with the engine and outdrive to the tune of $10,000. The gentleman selling the boat took it on the chin and sold you the boat for much less than his asking price because of these found problems. You have since took the boat to a indy shop where they are telling you that the engine and outdrive is in tip top shape and needs no work outside of some regular maintenance items. Do I have this correct?
You have it correct my friend, sad but true.
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Re: Mean Bean, My 262 buying adventure

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Big Block Power wrote: Fri Jan 25, 2019 5:46 pm
Whippled263 wrote: Thu Jan 24, 2019 2:12 pm I'm a bit confused. So your hired mechanic and surveyor found some major things wrong with the engine and outdrive to the tune of $10,000. The gentleman selling the boat took it on the chin and sold you the boat for much less than his asking price because of these found problems. You have since took the boat to a indy shop where they are telling you that the engine and outdrive is in tip top shape and needs no work outside of some regular maintenance items. Do I have this correct?
I'll answer it. Your not confused at all.
Thanks BBP for jumping in, I need to log in more often!
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Re: Mean Bean, My 262 buying adventure

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JTinMO wrote: Wed Apr 03, 2019 10:17 am Did you straighten out the questions raised about the marine survey findings vs the Indy shop telling you nothing was wrong? A $10K estimate is nothing to ignore. Especially if you are really going out on Erie.
At this moment, it's two conflicting evaluations. Personally, I trust the evaluation given to me by Schumaker. They have a long standing reputation in the marine industry. I have not sea trialed the boat since I boat her and Schumaker went over it. She is about 6 hours away from me in Indy, so I can stop in to see her run on muffs. I am heading down to Indy at the end of April to see her run on muffs, if there are any issues, we will sea trial her in Indy. If no issues, I will drag her home to Erie for fun in the sun!
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Re: Mean Bean, My 262 buying adventure

Post by AsLan7 »

samuri33 wrote: Wed Apr 03, 2019 10:25 am
JTinMO wrote: Wed Apr 03, 2019 10:17 am Did you straighten out the questions raised about the marine survey findings vs the Indy shop telling you nothing was wrong? A $10K estimate is nothing to ignore. Especially if you are really going out on Erie.
At this moment, it's two conflicting evaluations. Personally, I trust the evaluation given to me by Schumaker. They have a long standing reputation in the marine industry. I have not sea trialed the boat since I boat her and Schumaker went over it. She is about 6 hours away from me in Indy, so I can stop in to see her run on muffs. I am heading down to Indy at the end of April to see her run on muffs, if there are any issues, we will sea trial her in Indy. If no issues, I will drag her home to Erie for fun in the sun!
.
Cya in Presque Isle my friend. 8-)
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Re: Mean Bean, My 262 buying adventure

Post by LOTOHEAD »

Wow! I hate it when folks get sold a pile that they pay their hard earned money for. Usually by not doing their research and having a survey done. You did, but it sounds like the surveyor was either really "WORKING" for you or didn't know what he was doing. I can't say this is in any way your fault samuri33 but.......karma? I like your boat. She is a beauty.
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Re: Mean Bean, My 262 buying adventure

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LOTOHEAD wrote: Wed Apr 03, 2019 10:29 am Wow! I hate it when folks get sold a pile that they pay their hard earned money for. Usually by not doing their research and having a survey done. You did, but it sounds like the surveyor was either really "WORKING" for you or didn't know what he was doing. I can't say this is in any way your fault samuri33 but.......karma? I like your boat. She is a beauty.
Thanks LOTO, with the help of A7, BBP, and a few others, this forum helped me make an informed buying decision. The one I bought was the third or fourth 262 I looked at. I knew I wasn't going to buy without a survey. The story isn't finished until I sea trial, but either way, I was able to negotiate the price to cover my rear end!
2004 Cobalt 262 Merc 496 Mag HO, B3
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Re: Mean Bean, My 262 buying adventure

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Alright Cobalt Owners, I need your help! The latching hardware that holds or releases the ladder on my extended swim platform is missing. The handle is there, but what the handle attaches to and holds the ladder is missing. This cannot be bought from Cobalt any longer. The guys at Schumaker where my boat is tell me they can fabricate the pieces missing, if I can get them pictures from someone who has this ladder on the extended swim platform. If anyone can snap some photo's of this hardware with maybe a tape measure to show scale, that would help me out greatly!! Thanks A7 for the pics below!
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Re: Mean Bean, My 262 buying adventure

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If Shumaker can fab it let then turn them loose. It's only a bent little rod with a crosspiece on top and a flatbed hole in the middle to bolt it on. I'll try to get a picture of mine later.

You have everyone s curiosity up though. What did they see on the survey that Shumaker said was fine? Especially to the tune of $10,000? A new motor doesn't cost that much?

Do tell...
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Re: Mean Bean, My 262 buying adventure

Post by LOTOHEAD »

Ytmsn wrote: Thu Apr 04, 2019 6:33 am If Shumaker can fab it let then turn them loose. It's only a bent little rod with a crosspiece on top and a flatbed hole in the middle to bolt it on. I'll try to get a picture of mine later.

You have everyone s curiosity up though. What did they see on the survey that Shumaker said was fine? Especially to the tune of $10,000? A new motor doesn't cost that much?

Do tell...
+1 Do tell!
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Re: Mean Bean, My 262 buying adventure

Post by Big Block Power »

A new 8.1 installed did cost that much. Heck a used one almost costs that much. We looked. Lol
The tech and surveyor checked compression and is was very low.
Hench why they said it needed a engine. What was found I won't say or how they found it wasn't bad I won't say on the internet. In person sure. S33 up to you.
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Re: Mean Bean, My 262 buying adventure

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Big Block Power wrote: Thu Apr 04, 2019 3:02 pm A new 8.1 installed did cost that much. Heck a used one almost costs that much. We looked. Lol
The tech and surveyor checked compression and is was very low.
Hench why they said it needed a engine. What was found I won't say or how they found it wasn't bad I won't say on the internet. In person sure. S33 up to you.
.
Honestly, even after I heard it, it still doesn’t completely add up. 🤔

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